Nghe An: 4 businesses receive interest support for stockpiling goods for Tet
(Baonghean.vn) - On December 11, Chairman of the Provincial People's Committee Thai Thanh Quy signed an official dispatch agreeing to the Department of Industry and Trade's proposal to support bank loan interest rates of 68.3 billion VND to purchase 3 reserve items to serve the 2019 Lunar New Year.
The three specific essential goods include 2,650 tons of rice worth 31.8 billion VND; 100 tons of sticky rice worth 2.5 billion VND and 1,000,000 liters of cooking oil worth 34 billion VND.
The storage period is 3 months, from December 15, 2018 to March 15, 2019. Enterprises borrow capital from banks to purchase and store the delivered goods; the province will support 100% of the bank loan interest rate based on the loan contract, debt acknowledgment contract, receipt of goods and the quantity of stored goods stored within the prescribed period.
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| Market management officers check goods in circulation in Vinh city. Photo: Viet Phuong |
Four businesses are supported with interest rates for reserving essential goods for the Lunar New Year, including: Nam Long Trading Company Limited, Nghe An Agricultural Products and Foodstuffs Company Limited; Thanh Nghe Tinh Food Joint Stock Company, Hung Tien Import-Export Company Limited.
In addition, the system of credit units is also assigned the responsibility of creating favorable conditions for businesses and production households to borrow capital to develop production to serve people during Tet.
Currently, the Ministry of Industry and Trade is implementing measures to control the distribution and purchase of essential agricultural products and foods, minimizing acts of market disruption, speculation, hoarding, and price increases.
